BREAD FINANCIAL HOLDINGS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.85B | $3.84B | $4.29B | $3.83B | $3.27B | $4.52B | $5.58B | $5.67B |
| Cost of Revenue | — | — | — | — | — | $2.08B | $2.69B | $2.54B |
| Gross Profit | — | — | — | — | — | $2.44B | $2.89B | $3.13B |
| Gross Margin | — | — | — | — | — | 54.1% | 51.8% | 55.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | $105.7M | $150.6M | $162.5M |
| Operating Income | $615.0M | $381.0M | $1.85B | $803.0M | $1.43B | $301.0M | $662.0M | $1.76B |
| Operating Margin | 16.0% | 9.9% | 43.1% | 21.0% | 43.6% | 6.7% | 11.9% | 31.0% |
| Interest Expense | — | — | $879.0M | $503.0M | $383.0M | $499.0M | $638.0M | $542.3M |
| Pretax Income | $615.0M | $381.0M | $968.0M | $300.0M | $1.04B | $301.0M | $662.0M | $1.22B |
| Income Tax Expense | $94.0M | $102.0M | $231.0M | $76.0M | $247.0M | $93.0M | $156.0M | $269.5M |
| Net Income | $518.0M | $277.0M | $718.0M | $223.0M | $801.0M | $214.0M | $278.0M | $963.1M |
| Net Margin | 13.5% | 7.2% | 16.7% | 5.8% | 24.5% | 4.7% | 5.0% | 17.0% |
| EPS (Basic) | $11.07 | $5.58 | $14.39 | $4.47 | $16.09 | $4.47 | $5.38 | $17.56 |
| EPS (Diluted) | $10.89 | $5.49 | $14.34 | $4.46 | $16.02 | $4.46 | $5.46 | $17.49 |
| Shares Outstanding (Basic) | 46.8M | 49.6M | 49.8M | 49.9M | 49.7M | 47.8M | 50.0M | 54.9M |
| Shares Outstanding (Diluted) | 47.6M | 50.4M | 50.0M | 50.0M | 50.0M | 47.9M | 50.9M | 55.1M |
| Dividends Per Share | $0.86 | $0.84 | $0.84 | $0.84 | $0.84 | $1.26 | $2.52 | $0.57 |